Nouveau Monde Mining Enterprises Inc.: New High Grade Graphite Zones Discovered on Matawinie and Additional 2013 Drilling Res...
08 Julio 2014 - 8:06AM
Marketwired Canada
Nouveau Monde Mining Enterprises Inc. ("Nouveau Monde") (TSX VENTURE:NOU) (is
pleased to report that it has initiated a prospecting program on its Matawinie
graphite Property. The objective of the program is to follow up on a number of
electromagnetic anomalies identified through helicopter-borne surveying. The
anomalies which total approximately 30 linear kilometers are covered by four
newly acquired claim blocks (see March 7th and April 4th, 2014 press releases
for details). Graphite mineralization has since been observed and sampled on
three of the claim blocks. Results from a first batch of grab samples returned
three samples over 5 % graphite (or "Cg") with the best result returning 6.31 %
Cg located South-West of the town of St-Michel-des-Saints. A second batch of
samples was recently sent for analysis with results expected within
approximately three weeks. Prospecting on the Matawinie property is ongoing.
A targeted ground survey is presently underway over eight (8) mineralized
targets using a portable time domain electromagnetic apparatus capable of
detecting conductors at a depth of up to 10 m. The objective is to determine the
approximate width of the mineralization at surface. Significant results from
this survey will be followed up by trenching and channel sampling in the
upcoming weeks.
ADDITIONAL 2013 DRILLING RESULTS
Following a review of the 2013 drilling data and results (see January 28th 2014
press release), additional core sampling was performed in April of 2014. Results
from approximately 404 m of newly split core representing 204 individual samples
from the 2013 drill program were recently received. A table of significant
mineralized intervals including updated results is presented below (table 1.)
including the addition of a 42 m mineralized interval grading 3.4 % Cg in hole
GN-01.
Table 1. 2013 Significant drill hole intervals updated with the April 2014
additional sampling.
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Drill Hole From (m) To (m) (i)Length (m) (ii)Cg %
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TN-01 0.38 37.55 37.17 6.9
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Including 0.38 17.7 17.32 12.2
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Including 1.6 15.5 13.9 13.4
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TN-02 83.5 94 10.5 8.6
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TN-03 4 37 33 3.3
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TN-03 69 93 24 3.7
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TN-04 6 23 17 2.0
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TN-05 11.5 24 12.5 6.0
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Including 11.5 18 6.5 8.3
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TN-05 44 60 16 3.1
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TN-06 8.9 18.5 9.6 13.0
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Including 8.9 16 7.1 16.9
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TN-06 30 54 24 3.4
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TN-07 10.5 55 44.5 2.0
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TN-08 13.13 33 19.87 9.0
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Including 13.13 29.5 16.37 10.6
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TN-09 27 45.36 18.36 5.0
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Including 37.72 45.36 7.64 8.2
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TN-10 56 62 6 2.0
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TN-11 63.2 70 6.8 7.2
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TN-12 39 42 3 1.9
-----------------------------------------------------------------------
GN-01 1 43 42 3.4
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Including 1 9 8 5.6
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GN-02 18 30 12 3.9
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GN-02 54.18 73 18.82 4.7
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GN-03 1 15.65 14.65 3.1
-----------------------------------------------------------------------
GN-03 42.26 48.05 5.79 10.5
-----------------------------------------------------------------------
GN-04 42 55.4 13.4 3.5
-----------------------------------------------------------------------
GN-05 45 52 7 5.1
-----------------------------------------------------------------------
Including 47 52 5 5.9
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GN-06 13 24 11 3.1
-----------------------------------------------------------------------
GN-07 11.04 18 6.96 3.2
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GN-08 22.3 35 12.7 3.6
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Including 30 35 5 6.7
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(i) The mineralized core length is not real thickness.
(ii) All core sample carbon analyses were performed by ALS Minerals Laboratories
and delivered as graphitic carbon (Cg), internal analytical code C-IR18.
Eric Desaulniers, President & CEO of Nouveau Monde stated: 'The discovery of
flake graphite mineralization at surface on all the newly identified geophysical
anomalies followed up on the ground proves the presence of a major regional
widely mineralized graphite system. Moreover, the additional analysis of split
core further confirms the potential of the Ti-Nou and Gros-Nou areas by
demonstrating that the high grade graphite zones are enclosed within a much
wider mineralized envelop.'
A compilation map of the drilling results on the Ti-NOU and Gros-NOU area can be
downloaded at :
https://www.dropbox.com/s/3xe6j8pttdnxzxg/TiNou_2013_Results_20140708.jpg
Nouveau-Monde would also like to add that it has recently obtained its permit
from the Ministere de l'Energie et des Ressources Naturelles du Quebec to
proceed with its 2014 drilling campaign on the Ti-Nou showing.
QUALITY CONTROL AND QUALITY ASSURANCE
The Matawinie property exploration program as well as the additional 2013 core
sampling was supervised by Antoine Cloutier, Geo (Quebec), B.Sc. A strict
protocol including the insertion of duplicate and blank samples within the
sample stream was adopted as part of a quality assurance, quality control (or
QA/QC) program. Both duplicate and blank sample results returned within
acceptable limits. Verification, preparation and sample submittal for the
prospecting and core samples presented here was completed by M. Cloutier.
All samples were thoroughly washed and individually bagged prior to shipping.
Samples were analyzed for graphitic carbon (Cg) content by a LECO analyzer (ALS
code; C-IR18) at the ALS Minerals laboratory located in North Vancouver (B-C),
Canada. This laboratory is accredited with the ISO 9001:2008 and ISO 17025
certifications. Total sulfur (or "S") as well as total carbon (or "C") was also
analyzed by ALS Minerals using a LECO analyzer (ALS laboratory codes; S-IR08 and
C-IR07 respectively).
The technical information in this news release was prepared by Antoine Cloutier,
geo, chief geologist for Nouveau Monde who acts as a qualified person under
National Instrument 43-101.
About Nouveau Monde
Nouveau Monde is a mining exploration company holding a large portfolio of
properties for base and precious metals, and industrial minerals in the province
of Quebec. Our business model is based on the generation of projects in new,
underexplored territories using the most advanced remote sensing and geophysical
tools available in the industry. Our expertise with these modern tools allows us
to perform cost effective exploration work while maximizing the chance for major
discoveries. Our company is looking to develop its prospects in partnership with
the objectives to expose our shareholders to a multitude of potential
world-class discoveries.
The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and so involve
inherent risks and uncertainties. Actual results could differ from those
currently projected. The Corporation does not assume the obligation to update
any forward-looking statement.
FOR FURTHER INFORMATION PLEASE CONTACT:
Eric Desaulniers, MSc, Geo
President and Chief Executive Officer of Nouveau Monde
(819) 923-0333
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